Lead time management in the garment sector of Bangladesh: an avenues for survival and growth

Bangladesh has emerged as an important supplier of quality readymade garments in the global market. The spectacular growth of garment sector in Bangladesh in recent years has dramatically changed the landscape of export composition of the country. Once heavily dependent on exports of primary produc...

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Main Authors: Nuruzzaman, Md., Haque, A. K. M. Ahasanul
Format: Article
Language:English
Published: EuroJournals Publishing, Inc. 2009
Subjects:
Online Access:http://irep.iium.edu.my/11109/1/ahasanul_2.pdf
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author Nuruzzaman, Md.
Haque, A. K. M. Ahasanul
author_facet Nuruzzaman, Md.
Haque, A. K. M. Ahasanul
author_sort Nuruzzaman, Md.
collection IIUM
description Bangladesh has emerged as an important supplier of quality readymade garments in the global market. The spectacular growth of garment sector in Bangladesh in recent years has dramatically changed the landscape of export composition of the country. Once heavily dependent on exports of primary products lead by Jute, the economy of Bangladesh is now experiencing almost 76% export contribution from readymade garments (RMG). The sector has now occupied an important place in Bangladesh national economy. Nevertheless, all is not well in this sector. It faces numerous challenges and it is now on the crossroad with the phasing out of quota system, GSP facilities and new provisions of WTO. In this study attempts have been made to find out the ways to face the competitive business environment by the efficient management process towards the lead time reduction. The main purpose of this article is to analyse the business process of the garment sector to find out it’s lead time minimization process. The study has been concluded by the development of a new diagram of business process with the outcome that the other management process in the supply chain is an important factor rather than process management in the lead time minimization process.
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spelling oai:generic.eprints.org:111092015-05-21T03:35:20Z http://irep.iium.edu.my/11109/ Lead time management in the garment sector of Bangladesh: an avenues for survival and growth Nuruzzaman, Md. Haque, A. K. M. Ahasanul HD28 Management. Industrial Management Bangladesh has emerged as an important supplier of quality readymade garments in the global market. The spectacular growth of garment sector in Bangladesh in recent years has dramatically changed the landscape of export composition of the country. Once heavily dependent on exports of primary products lead by Jute, the economy of Bangladesh is now experiencing almost 76% export contribution from readymade garments (RMG). The sector has now occupied an important place in Bangladesh national economy. Nevertheless, all is not well in this sector. It faces numerous challenges and it is now on the crossroad with the phasing out of quota system, GSP facilities and new provisions of WTO. In this study attempts have been made to find out the ways to face the competitive business environment by the efficient management process towards the lead time reduction. The main purpose of this article is to analyse the business process of the garment sector to find out it’s lead time minimization process. The study has been concluded by the development of a new diagram of business process with the outcome that the other management process in the supply chain is an important factor rather than process management in the lead time minimization process. EuroJournals Publishing, Inc. 2009 Article PeerReviewed application/pdf en http://irep.iium.edu.my/11109/1/ahasanul_2.pdf Nuruzzaman, Md. and Haque, A. K. M. Ahasanul (2009) Lead time management in the garment sector of Bangladesh: an avenues for survival and growth. European Journal of Scientific Research, 33 (4). pp. 617-629. ISSN 1450-216X http://www.eurojournals.com/ejsr.htm
spellingShingle HD28 Management. Industrial Management
Nuruzzaman, Md.
Haque, A. K. M. Ahasanul
Lead time management in the garment sector of Bangladesh: an avenues for survival and growth
title Lead time management in the garment sector of Bangladesh: an avenues for survival and growth
title_full Lead time management in the garment sector of Bangladesh: an avenues for survival and growth
title_fullStr Lead time management in the garment sector of Bangladesh: an avenues for survival and growth
title_full_unstemmed Lead time management in the garment sector of Bangladesh: an avenues for survival and growth
title_short Lead time management in the garment sector of Bangladesh: an avenues for survival and growth
title_sort lead time management in the garment sector of bangladesh an avenues for survival and growth
topic HD28 Management. Industrial Management
url http://irep.iium.edu.my/11109/1/ahasanul_2.pdf
work_keys_str_mv AT nuruzzamanmd leadtimemanagementinthegarmentsectorofbangladeshanavenuesforsurvivalandgrowth
AT haqueakmahasanul leadtimemanagementinthegarmentsectorofbangladeshanavenuesforsurvivalandgrowth